advantage recruitment limited

advantage recruitment limited Company Information

Share ADVANTAGE RECRUITMENT LIMITED
Dissolved 

Company Number

05799395

Industry

Temporary employment agency activities

 

Directors

Andrew Medley

Shareholders

andrew paul medley

edwin jon wager

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Group Structure

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Contact

Registered Address

cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ

advantage recruitment limited Estimated Valuation

£239.9k

Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £239.9k based on a Turnover of £1.6m and 0.15x industry multiple (adjusted for size and gross margin).

advantage recruitment limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £0 based on an EBITDA of £-41.4k and a 2.25x industry multiple (adjusted for size and gross margin).

advantage recruitment limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ADVANTAGE RECRUITMENT LIMITED at £0 based on Net Assets of £-123.1k and 1.53x industry multiple (adjusted for liquidity).

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Advantage Recruitment Limited Overview

Advantage Recruitment Limited is a dissolved company that was located in grimsby, DN31 2LJ with a Companies House number of 05799395. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2006, it's largest shareholder was andrew paul medley with a 60% stake. The last turnover for Advantage Recruitment Limited was estimated at £1.6m.

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Advantage Recruitment Limited Health Check

Pomanda's financial health check has awarded Advantage Recruitment Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£10m)

£1.6m - Advantage Recruitment Limited

£10m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.7%)

6% - Advantage Recruitment Limited

8.7% - Industry AVG

production

Production

with a gross margin of 11.3%, this company has a higher cost of product (17.4%)

11.3% - Advantage Recruitment Limited

17.4% - Industry AVG

profitability

Profitability

an operating margin of -2.6% make it less profitable than the average company (3%)

-2.6% - Advantage Recruitment Limited

3% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (63)

3 - Advantage Recruitment Limited

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)

£38.8k - Advantage Recruitment Limited

£38.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £531.2k, this is more efficient (£263.4k)

£531.2k - Advantage Recruitment Limited

£263.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (50 days)

30 days - Advantage Recruitment Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (5 days)

64 days - Advantage Recruitment Limited

5 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Advantage Recruitment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)

0 weeks - Advantage Recruitment Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 191.2%, this is a higher level of debt than the average (74.6%)

191.2% - Advantage Recruitment Limited

74.6% - Industry AVG

ADVANTAGE RECRUITMENT LIMITED financials

EXPORTms excel logo

Advantage Recruitment Limited's latest turnover from August 2016 is estimated at £1.6 million and the company has net assets of -£123.1 thousand. According to their latest financial statements, we estimate that Advantage Recruitment Limited has 3 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover1,593,6202,105,3862,464,9551,340,8831,047,9501,232,131609,2830
Other Income Or Grants00000000
Cost Of Sales1,413,9991,867,1742,180,3581,184,207919,7521,074,683531,7930
Gross Profit179,622238,212284,597156,676128,198157,44877,4910
Admin Expenses221,350243,285274,972205,549161,213176,529104,449-59,601
Operating Profit-41,728-5,0739,625-48,873-33,015-19,081-26,95859,601
Interest Payable00000000
Interest Receivable352480293010
Pre-Tax Profit-41,725-5,0219,673-48,873-32,986-19,051-26,95759,601
Tax00-2,0310000-16,688
Profit After Tax-41,725-5,0217,642-48,873-32,986-19,051-26,95742,913
Dividends Paid00000000
Retained Profit-41,725-5,0217,642-48,873-32,986-19,051-26,95742,913
Employee Costs116,486151,495187,668111,74274,634107,43270,8100
Number Of Employees34532320
EBITDA*-41,395-4,7779,746-48,687-32,678-18,593-25,98860,862

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets3727053664876731,0101,2981,767
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets3727053664876731,0101,2981,767
Stock & work in progress00000000
Trade Debtors133,440238,700258,490141,649128,937158,86683,64055,149
Group Debtors00000000
Misc Debtors05,8064,926737007,56214,992
Cash1,1771,38519,282721811,6842270
misc current assets00000000
total current assets134,617245,891282,698142,458128,955170,55091,42970,141
total assets134,989246,596283,064142,945129,628171,56092,72771,908
Bank overdraft00000000
Bank loan00000000
Trade Creditors 248,047317,929349,376216,899154,709163,65565,77117,995
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities248,047317,929349,376216,899154,709163,65565,77117,995
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities10,00010,00010,00010,00010,00010,00010,00010,000
provisions00000000
total long term liabilities10,00010,00010,00010,00010,00010,00010,00010,000
total liabilities258,047327,929359,376226,899164,709173,65575,77127,995
net assets-123,058-81,333-76,312-83,954-35,081-2,09516,95643,913
total shareholders funds-123,058-81,333-76,312-83,954-35,081-2,09516,95643,913
Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-41,728-5,0739,625-48,873-33,015-19,081-26,95859,601
Depreciation3332961211863374889701,261
Amortisation00000000
Tax00-2,0310000-16,688
Stock00000000
Debtors-111,066-18,910121,03013,449-29,92967,66421,06170,141
Creditors-69,882-31,447132,47762,190-8,94697,88447,77617,995
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations-211-17,31419,16254-11,69511,627727-7,972
Investing Activities
capital expenditure0-635000-200-501-3,028
Change in Investments00000000
cash flow from investments0-635000-200-501-3,028
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities000000010,000
share issue00000001,000
interest352480293010
cash flow from financing3524802930111,000
cash and cash equivalents
cash-208-17,89719,21054-11,66611,4572270
overdraft00000000
change in cash-208-17,89719,21054-11,66611,4572270

advantage recruitment limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advantage Recruitment Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for advantage recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in DN31 area or any other competitors across 12 key performance metrics.

advantage recruitment limited Ownership

ADVANTAGE RECRUITMENT LIMITED group structure

Advantage Recruitment Limited has no subsidiary companies.

Ultimate parent company

ADVANTAGE RECRUITMENT LIMITED

05799395

ADVANTAGE RECRUITMENT LIMITED Shareholders

andrew paul medley 60%
edwin jon wager 20%
geraldine alliban 20%

advantage recruitment limited directors

Advantage Recruitment Limited currently has 1 director, Mr Andrew Medley serving since Apr 2006.

officercountryagestartendrole
Mr Andrew MedleyEngland60 years Apr 2006- Director

P&L

August 2016

turnover

1.6m

-24%

operating profit

-41.7k

0%

gross margin

11.3%

-0.38%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2016

net assets

-123.1k

+0.51%

total assets

135k

-0.45%

cash

1.2k

-0.15%

net assets

Total assets minus all liabilities

advantage recruitment limited company details

company number

05799395

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

April 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

August 2016

previous names

N/A

accountant

-

auditor

-

address

cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ

Bank

HSBC BANK PLC

Legal Advisor

-

advantage recruitment limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to advantage recruitment limited.

advantage recruitment limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for ADVANTAGE RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.

advantage recruitment limited Companies House Filings - See Documents

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